Mutual Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
NEW WORLD FUND INC. CL R-6 (NASDAQ:RNWGX)
Strong Downtrend (-100) - RNWGX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RNWGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RNWGX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RNWGX
The long-term trend has been DOWN since Feb 24th, 2020 at 68.91
The intermediate-term trend has been DOWN since Jan 27th, 2020 at 70.44
The short-term trend has been DOWN since Apr 1st, 2020 at 54.48
Smart Scan Analysis for RNWGX
Based on our trend formula, RNWGX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||72.98||52wk High Date||2019-12-19|
|52wk Low||49.24||52wk Low Date||2020-03-23|
|Year End Close||70.47||Payment Date||2019-12-23|